10 Stocks With Eye-Popping Gains Amid Wall Street Cheer

8. Energy Fuels Inc. (NYSEAmerican:UUUU)

Energy Fuels extended its winning streak to a third straight day on Friday, jumping 12.55 percent to close at $10.58 apiece, as investors continued to gobble up shares following news of strong interest for one of its successfully milled rare earth metals.

In a statement earlier this week, Energy Fuels Inc. (NYSEAmerican:UUUU) said it has received strong interest from multiple magnet manufacturers and original equipment manufacturers (OEM) to obtain samples of its dysprosium (Dy) oxide.

This followed the successful production of its first kilogram of the rare earth metal during a pilot scale at its White Mesa Mill in Utah.

According to the company, its production achieved a 99.9 percent purity, well above the 99.5 percent commercial specification.

“The Mill expects to continue producing dysprosium oxide at a rate of two kilograms per week. Energy Fuels believes it is the first US company to both produce high-purity Dy oxide and publicly disclose actual production volumes and purities,” it said.

“[Energy Fuels Inc. (NYSEAmerican:UUUU)] believes the quantity and purity of its Dy oxide production is unmatched in the United States at this time and is a testament to the White Mesa Mill’s world-class rare earth element (REE) production capabilities. Pilot-scale production is expected to continue until approximately 15 kilograms of Dy oxide are produced,” it added.